...Chile has long and difficult to defend borders, and little strategic depth...

Funny you mention that. Chile has never been successfully invaded. I know the Chileans well, and I did know their military extremely well. They are a remarkable people in many ways. The Chileans are exceptionally smart, generally moral, very hard working, and not braggarts, unlike some of their neighbors, who have much less to brag about. If I lived in South America, they would be my country of choice.

They have been smart about developing their industries away from copper, one of their principal sources of income. While copper was selling at peak prices, they were salting away reserves, developing other sources of income, and those reserves will be their salvation, IMO.

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****** ******Money will buy a fine dog, but only kindness will make him wag his tail.

In the next year I would not expect the dollar to lose much strength...why? Because the world is in worse shape than we are.

We are the worlds reserve currency, and it is not a coincidence that all the sovereign wealth funds and nations are still snatching up our Tbills. The Swiss Frank is and will have problems leaving us and Japan for safe havens.

People have been PROGRAMMED to worry about INFLATION...all I hear is printing money, debase the dollar, OH NO.... While this is true, in highly deflationary times like this (where wealth is being destroyed) it sort of balances out and we will NOT see inflation for several years or ever.

The end game is when the world does not want to purchase our treasuries. Read the documents at the Kansas city fed website on this END GAME. The FED is just another big player who plays their cards. They will not hesitate to raise interest rates under Volcker to keep their treasuries attractive.

That is not correct. Chile is about 30% white, and 65% mestizo. Beware of sources that lump the two groups together. People should not get the idea Chile is a "white" country, it is not.

Are you sure you're not thinking of South America as a whole?

My figures are from a CIA Fact Book (though 12 years old), which specifically states that the remaining percentage (6) were the Indians and mixed racial. If they didn't specifically list that I would think that maybe they were lumped together, but since they did specifically list those groups I have to express scepticism at your 30% White number.

In the next year I would not expect the dollar to lose much strength...why? Because the world is in worse shape than we are.

We are the worlds reserve currency, and it is not a coincidence that all the sovereign wealth funds and nations are still snatching up our Tbills. The Swiss Frank is and will have problems leaving us and Japan for safe havens.

People have been PROGRAMMED to worry about INFLATION...all I hear is printing money, debase the dollar, OH NO.... While this is true, in highly deflationary times like this (where wealth is being destroyed) it sort of balances out and we will NOT see inflation for several years or ever.

The end game is when the world does not want to purchase our treasuries. Read the documents at the Kansas city fed website on this END GAME. The FED is just another big player who plays their cards. They will not hesitate to raise interest rates under Volcker to keep their treasuries attractive.

No, even counting the CIA. Chile was originally colonized by the Spanish. Was America conquered when it was colonized? Neither have the Chileans been conquered.

Quote:

Originally Posted by Nivelles

That is not correct. Chile is about 30% white, and 65% mestizo. Beware of sources that lump the two groups together. People should not get the idea Chile is a "white" country, it is not.

Have you ever been to Chile, let alone lived and worked there? You need to stop relying on Wkipedia and other Jew sources as your sole source of information. Chile is as white as America is, in the urbanized areas, more so.

This article provides some underlying information which tends to support my belief that the market will soon spark and drive up to the 10,000+ level on the DOW, staying there for a brief time, before plunging to new lows, 4500-.

Yes, because a significant amount of wealth can be merely an entry in a ledger (which is all a person's bank account is.) If the number in the ledger changes, the wealth changes, either up or down.

Economics is measured by the numbers. A factory can still be there, and the same (former) workers can still be in town, and also the same resources can still be available. However, if the number in the ledger changes, the "wealth" changes.